---
title: "AAA PUBLIC: Provides a guarantee of 10 million yuan for its wholly-owned subsidiary"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263727558.md"
description: "AAA PUBLIC announced that the company has signed a \"Maximum Guarantee Contract\" with CITIC BANK Chengdu Branch to provide joint liability guarantee for a working capital loan of 10 million yuan for its wholly-owned subsidiary, Qianfeng Aizhong Water Affairs. As of the announcement date, the actual guarantee amount provided by the company is 5 million yuan. The total external guarantees provided by the company and its holding subsidiaries amount to 996 million yuan, accounting for 21.80% of the most recent audited net assets, with no overdue guarantees. The legal representative of Qianfeng Aizhong Water Affairs is Li Qiang, and the company holds 100% of the shares"
datetime: "2025-10-31T11:25:51.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263727558.md)
  - [en](https://longbridge.com/en/news/263727558.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263727558.md)
---

# AAA PUBLIC: Provides a guarantee of 10 million yuan for its wholly-owned subsidiary

AAA PUBLIC announced that the company signed a "Maximum Guarantee Contract" with CITIC BANK Chengdu Branch to provide joint liability guarantee for a working capital loan of 10 million yuan for its wholly-owned subsidiary, Qianfeng Aizhong Water Affairs. As of the announcement date, the actual guarantee amount provided by the company is 5 million yuan. The total external guarantees provided by the company and its holding subsidiaries amount to 996 million yuan, accounting for 21.80% of the most recent audited net assets, with no overdue guarantees. The legal representative of Qianfeng Aizhong Water Affairs is Li Qiang, and the company holds 100% of the shares

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